Clause 51- Management of the fund. (Posposta aktar kmieni fil-Kumitat) ONOR. LEO BRINCAT: GĦandi emenda għal klawsola 51.
"O" Minflok l-ewwel u t-tieni provisos għal klawsola 51 għandu jidħol dan li ġej:
“Iżda dawk ir-regolamenti għandhom jiżguraw li ħlasijiet li jsiru fil-Fond minn kumpanniji awtorizzati li jmexxu kummerċ fit-tul għandhom jiġu trattati separatament u għandhom ikunu wżati esklussivament għal kumpens dwar kummerċ fit-tul, u ħlasijiet li jsiru fil-Fond minn kumpanniji awtorizzati li jmexxu kummerċ ġenerali għandhom ukoll jiġu trattati separatament u jiġu wżati esklussivament għal kumpens dwar kummerċ ġenerali;
Iżda wkoll li ebda ħlas ma għandu jsir mill-Fond lil xi persuna li tkun azzjonist fil-kumpannija insolventi u li jkollha għoxrin fil-mija jew iżjed ta’ l-ishma maħruġa ta’ dik il-kumpannija.”.
"O" For the first and second provisos to clause 51 there shall be substituted the following: “Provided that such regulations shall ensure that payments made into the Fund by companies authorised to carry on long term business shall be utilised for compensation with respect to long term business shall be treated separately and utilised exclusively for compensation with respect to long term business, and payments made into the Fund by companies authorised to carry on general business shall also be treated separately and shall be utilised exclusively for compensation with respect to general business: Provided further that no payment shall be made from the Fund to any person who is a shareholder in the insolvent company and holds twenty per centum or more of the issued shares of such company.”. THE CHAIRMAN: Hawn rimarki? (Onor. Membri: No) Il-mistoqsija hija l-emenda kif imressqa u moqrija mill-Ministru. Dawk favur? (Onor. Membri: Aye) Dawk kontra? Agreed.
L-emenda "O" għaddiet nem. con. THE CHAIRMAN: Il-mistoqsija hija klawsola 51 kif emendata. Dawk favur? (Onor. Membri: Aye) Dawk kontra? Agreed.
Klawsola 51, kif emendata, għaddiet nem. con. u ġiet ordnata biex issir parti mill-Abbozz ta' Liġi.